Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

28
Posts
1
Votes
Orlando Jordan
  • Specialist
  • Shelby Twp, MI
1
Votes |
28
Posts

Beginning stages

Orlando Jordan
  • Specialist
  • Shelby Twp, MI
Posted

I have a seller that wants to sell there 167 unit apartment complex its 89% occupied has a 8% cap rate and it is located in a emerging market. The seller is asking 5.9million I got them to agreed price of 5.5 million it's worth 7.5 million. I don't have the earnest money to tie the deal up what should I do next? I think this is a great deal and I don't want to lose it what should I do to maybe get more time to find the resources to get the deal done  

Loading replies...